3 months on rocket

507 Maple Ave, Palmyra, NJ, 08065

$390,000

Home List Price

$4,631*

Closing Credit

0 Baths
2,400 SqFt
$163/SqFt
Multi
Schools Nearby

Location

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507 Maple Ave, Palmyra$390,000

Buyer Closing Credits

$4,631*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeDuplex
ParkingDriveway, On Street
Year Built1910
HeatingBaseboard
CoolingWindow Unit(s)
MLS #NJBL2058748
Lot Size0.34 Acres
StatusActive
(ACTIVE)

About 507 Maple Ave

INVESTOR ALERT! Introducing a fantastic investment opportunity in Palmyra! The downstairs unit boasts impressive high ceilings, basement storage, three bed rooms and one bath. This unit is currently tenant-occupied, with a lease secured until August 2024. Upstairs, discover a charming space featuring two bedrooms and one bath, leased until October 2024. The bonus/storage space in the attic adds versatility to the upper unit. Recent upgrades include water heater replacements in 2023 and a newer boiler (replaced in 2020) ensuring efficiency throughout. Positioned in an "Opportunity Zone," this property maximizes profits for savvy investors. Each unit has its own separate electric meter, washer, and dryer. Don't miss out – seize this opportunity for financial growth!

Property Details

Property Features

Property Information:

  • Architectural Style: Victorian
  • Year Built: 1910
  • Living Area: 2,400 SqFt

Listing Office:

  • Office Name: HomeSmart First Advantage Realty
  • Office Phone: (856) 363-3000
  • Listing Agent: James V Bertino

Exterior Features

Parking Information:

  • Parking: Driveway, On Street

Lot Features

Lot Information:

  • Lot Size: 0.34 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Window Unit(s)

School Info

Assigned Schools Information:

  • Palmyra High School, Public District Grades 7-12

Other

Directions Information:

  • Directions: right off of Broad street

Municipality:

  • Palmyra Boro

Price Information

Listing Price Info

Price Summary:

  • List Price: $390,000
  • Price Per SqFt: $163/SqFt

Tax Information:

  • Annual Amount: $8,705
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Palmyra, NJ.

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Palmyra, NJ

City

Med. Sold Price

$250K

Med. Price/SqFt

$193

Avg. Days On Market

21

# of Sold Homes

9

507 Maple Ave vs Palmyra

104 DAYS ON ROCKET

+83 Days

$390,000

+$140K More

$163/SqFt

-$31 Less

KEY TAKEAWAY

This property is $140K more than the Median Sold Price and $31/SqFt less than other homes in Palmyra, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #NJBL2058748

Listing Office:

  • Office Name: HomeSmart First Advantage Realty
  • Office Phone: (856) 363-3000
  • Listing Agent: James V Bertino

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 10:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$8,705$217,400
2019$8,313$217,400
2018$8,313$217,400
2017$8,207$217,400

History based on county public records data.

Payment Calculator

$2,014

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,236

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

High School

school-card-donut-3061753
4
/10

  • Palmyra High School

  • 5th And Weart Blvd

  • 0.51 miles

  • Public District Grades 7-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $77,982. Most Palmyra, NJ residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Burlington County›Palmyra›08065›507 Maple Ave

This home is located at 507 Maple Ave in Palmyra, NJ and zip code 08065. This 2,400 square foot home, which was built in 1910, sits on a 0.34 acre lot. It has been listed on Rocket Homes since January 15, 2024 and is currently priced at $390,000.

While more than 5 listings in Palmyra, NJ in March 2024 were sold above asking price, there were more than 4 listings sold at asking price, and more than 0 were sold below. The inventory of homes for sale in Palmyra, NJ between February 2024 and March 2024 increased by 26.5%. In March 2024, listings were on the market for 21 days. During the same period, the median list price in this real estate market was $250,000.

From Rocket Homes Real Estate and based on county public records data.

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